OMAHA (DTN) --Soybeans have sagged a bit in low volume trade, with contracts up 2 to 3 cents. Some traders will point to Brazil's government officially raising bean production estimates to 82.6 mmt from a range of 80.1 mmt to 83.0 mmt. The November WASDE report pegged Brazilian production at 81 mmt. Corn contracts are 3 to 4 cents lower while wheat contracts are holding to 1 cent gains. Outside markets have turned bearish.
© Copyright 2012 DTN/The Progressive Farmer. All rights reserved.